29
Sep
02:53
Shandong to construct Rizhao steel base in 2019
The signing ceremony for removing Shandong steel capacity was held last week. The group will start construction of its 20 million tonnes/year of steel capacity Rizhao base by the end of this year, Kallanish notes.
According to a Shandong Province press conference, the Shandong government has since 2016 resolved 11.52m t/y of crude steel capacity. The government plans to concentrate steel capacity into one or two leading companies and move it to the coa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous